'You people'
There you go again.
Like you say, at some point the maths won't work, and a guy who is 45 now will be told he (or she, obviously) will not get the pension he expected. About 10 years from now I reckon, when those already in receipt of a pension are protected by law, and the fund cannot pay for those who are about to retire because all the old fellas aren't doing the decent thing and keeling over 2 years after retirement.
Bankruptcy? Company reformed using the LHR slots? Who knows. Only one thing is certain, and that's Govt pensions because today's taxpayers fork out.
I really don't want a p1ssing competition about this and good luck to you all, regardless of where you are. We all know which things in life are certain, and pensions (non-Govt) are not one of them.
Cheers